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Source: Pete Wentz "Shocked" by Ashlee's PDA With His Pal

USMagazine, Thursday, March 10, 2011, 11:48am (PST)

Ashlee Simpson may have found her rebound man -- who just happens to be a friend of Pete Wentz, her soon-to-be ex-husband.

Photos at E! News show Simpson, 25, shopping in L.A. with rocker Craig Owens, who holds her close with his arm around her shoulders.

(Last month, the singer-actress filed for divorce from Fall Out Boy's Wentz, 31, after nearly two years of marriage.)

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According to E!, singer-songwriter Owens, 26, is the former frontman for the punk group Chiodos, and is now signed to Wentz' s record label, Decaydance. This summer, Owens will tour with a new group Wentz helped organize, D.R.U.G.S. (Destroy Rebuild Until God Shows).

Back in January 2010, Wentz even gushed to MTV News that Owens was his favorite new artist.

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So what does Wentz think of his protege's new potential romance with his future ex-wife?

"Pete did a lot for this guy," a Wentz source tells UsMagazine.com. "Craig was in another band and got kicked out. Pete found Craig, built a band around him and signed him. He's shocked at how this guy is repaying him."

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Counters a source close to Simpson: "Ashlee and Craig are longtime friends. They have spent some time together, and he is comforting her throughout this difficult time."

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